This has been creeping up on next to no volumes....Im still about 4p out from B/E. Something is afoot...Even if its just the usual P & D trading movement.
Thats a quite big buy for such a shakey Operation here....Perhaps a build up back to levels seen on introduction back to the market before the inevitable cash call and dilution...I was unable to get out when suspension was raised due to share account (iii) incompetence and unable to trade...Wont be holding these if I can get back to anywhere near breakeven.Karma for the greedyand useless board one day....:)
Steve, there will be a trading opportunity Im sure as the burn through the cash left before the next fund raise.Usually a lift up to them before more shares brought into the market...Its not an investment though...I thought that with the old company...Still learning....lol ..Good Luck..
Lemon...It was formally AMC (Amur Minerals) Dogs dinner of a company who like many AIM sold the shareholders down the river.Its had a consolidation of 1-160 .Its pretty much wiped everyone out as I believe it opened at 23p ...thinks its around 14p so a 60% loss already...thats if you can trade them as most shares are locked in accounts waiting for the conversion...Im still undeceided whether to sell up here...20k loss is not easy to stomach....Good luck all....
OCT is now poised to publish the results of its study in the coming weeks (October 16) as it gears up to raise more funds to keep its pipeline of products moving forward.
Think this is the reason for the current price...Big issue is what they fix the fund raise price.I suspect lower than where
we are now....Just a feeling...Hope its north of 1p